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Khin May Yee explains the benefits of microfinance.

Khin May Yee explains the benefits of microfinance. Most of us take access to credit for granted. Yet it is not accessible to everyone. Poorer people, especially in developing countries, are generally considered to be highly risky to lend to and therefore struggle to access credit from traditional banks. They are forced to turn to loan sharks and pawn shops, which may charge interest rates in excess of 200 per cent per annum. ADC's micro loans give skilled, enterprising communities another option. Empower a budding entrepreneur and donate here today:
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